Finding the line of best fit is called linear regression.
Yes but phrased differently
A line of best-fit.
Because the "best fit" line is usually required to be a straight line, but the data points are not all on one straight line. (If they were, then the best-fit line would be a real no-brainer.)
A best-fit line is the straight line which most accurately represents a set of data/points. It is defined as the line that is the smallest average distance from the data/points. Refer to the related links for an illustration of a best fit line.
Finding the line of best fit is called linear regression.
By finding a correlation trend by means of line of best fit.
By finding the line of best fit and using the straight line equation formula.
Yes but phrased differently
The line that minimized the sum of the squares of the diffences of each point from the line is the line of best fit.
A line of best-fit.
Because the "best fit" line is usually required to be a straight line, but the data points are not all on one straight line. (If they were, then the best-fit line would be a real no-brainer.)
What is the difference between a trend line and a line of best fit
The line of best fit does not have to pass through the 0 (origin) and rarely does
A best-fit line is the straight line which most accurately represents a set of data/points. It is defined as the line that is the smallest average distance from the data/points. Refer to the related links for an illustration of a best fit line.
Check out the related links section below to see an example of a line of best fit.
The line of best fit is simply the line that shows the general direction of the graph. The trick is to make the line go through as many points on the graph as possible. Some scatter plots have no line of best fit.